our vac frame is huge, but if I were making one, I'd want at least 6" all around. the string goes from the vacuum hole to the inside of the frame. The idea is that air is pulled through the string (I hope it's a piece of rope actually) after the rubber starts to seal around the outside... We don't have a gauge, but when it's tight, it gets right into the corners of the frame, and all the way around it; very, very snug.
Steve